Overview of Chikballapur, Bangalore

Location and Accessibility

Chikballapur is situated in Karnataka, India, and falls within the greater Bangalore metropolis. It features fairly good transportation options, making it easy to get to other parts of Bangalore.

Property Types and Price Range

• Residential Properties:

  • Apartments: Found in various layouts, including 1 BHK, 2 BHK, and 3 BHK.
  • Independent Houses/Villas: Options available both ready to move and in construction.
  • Plots: Homes and agricultural land plots are available for sale.

• Price Range:

  • Some properties in Chikballapur start at ₹ 4.27 lakhs for specific plots and apartments. Average prices hover around ₹ 35.49 lakhs, with the most pricey properties hitting up to ₹ 3.15 crores.
  • The price per square foot sits between ₹ 1,928 to ₹ 7,812, averaging at ₹ 5,917 per sqft.

Market Trends

• Price Movement:
  • Property rates in Chikballapur have climbed over the past six months and over the past year, with annual growth of 28.49%.
  • This growth suggests that buying or selling property in Chikballapur right now might be lucrative.

Amenities and Lifestyle

• Infrastructure and Facilities:
  • The area boasts a lively lifestyle, complete with robust transport links and amenities, like schools, hospitals, and shopping areas.
  • Developments like Science Aero City Phase 1 and Ak Signature City have upgraded amenities and lifestyle.

Rental Options

• Rental Prices:
  • Rental opportunities include 1 BHK, 2 BHK houses, and apartments. Monthly rents range from ₹ 6,000 to ₹10,000 depending on size and configuration.

Popular Projects and Localities

• Projects:

  • Mangala Properties Dwarakas Capital North
  • SRK Infra Projects Private Limited The Estates 3
  • Mantri Developers and QVC Realty Mantri Hills
  • NBR Hills View
  • P G Ramesh Highway 96.

• Localities:

  • Bagepalli
  • Sidlaghatta
  • Gudibanda
  • Chintamani
  • Manchenahalli.

PropertyWala's Conclusion

Chikballapur, Bangalore, shows a promising market for real estate with diverse property types like apartments, independent houses, and plots. A noticeable upward swing in prices has made it appealing for investors and personal buyers alike. Compared to other parts of Bangalore, prices here are quite reasonable, and infrastructure is excellent. Considering market trends and examining price graphs carefully is crucial for making well-informed choices.